Honda Targets People Who Don't Want To Drive With Micro Cars: Report

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Honda Motor Co Ltd HMC said it plans a range of self-driving electric vehicles targeted at people who do not want to drive.
The range of EVs, Bloomberg reported, will cater to groups including elderly people who don’t drive and the younger, Gen Z crowd which is not into owning or driving cars.
Named as micro-mobility devices, the Japanese auto major is hopeful for a growth in demand for such vehicles.
Honda aims to make the technology available for general use in 2030.
The move comes when Japan, the world’s third-largest economy, is grappling with an aging population, resulting in a lack of working pool.
The automaker has also joined with Sony Group Corp SONY to make available premium EVs in North America by 2025.
Price Action: HMC shares closed higher by 2.54% at $23.45 on Friday.
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